Author: John Mungabe
Award-winning Covid-19 equipment to be piloted in South Africa
A competition run by Munich Re will result in four projects being transformed into reality to help governments across Africa in the fight against Covi [...]
More South African insurers to make BI payments
Old Mutual Insure (OMI) has become the latest South African insurer to announced payments on business interruption (BI) policies related to the Covid- [...]
Millions of South Africans avoid preventative health screenings due to a lack of financial access
Insurers could have an opportunity to build market penetration after the Covid-19 crisis, as it has highlighted a lack of access to primary healthcare [...]
Proportion of insured cat losses growing globally
In what could be seen as a good result for insurance, the latest natural catastrophe figures from Aon show the overall cost in the first half of 2020 [...]
African swine fever causing major agricultural challenge
As the world struggles with Covid-19, another pandemic is hitting the pork market. African swine fever (ASF) is now present in 51 countries and is cau [...]
Africa remains top piracy hotspot
West Africa tops the list for piracy activity, according to Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review 2020.
Gl [...]
ARC makes second major payment to an African government within days
ARC Insurance Limited has made an insurance payout totalling $1,755,890 to the Zimbabwe government and the UN World Food Programme (WFP), just days af [...]
Africa set for 2021 rebound from Covid-19
Insurers' business tends to reflect the economic success of any given country, so there is good news from the African Development Bank (AfBD), which b [...]
IMF warning on African progress and the damage done by Covid-19
As insurers battle to cope with decreasing premium income, the scale of the economic impact of Covid-19 is beginning to emerge, with the International [...]
ARC pays out $2m to Madagascar after drought
The Malagasy government has received $2.13m from the African Risk Capacity Insurance (ARC) to cover anticipated losses to the livelihoods of its vulne [...]